Lupin Foundation Earns CRISIL's Highest VO 1A Rating for Excellence in Social Responsibility

Lupin Human Welfare and Research Foundation (LHWRF), the Corporate Social Responsibility (CSR) arm of global pharma major Lupin Limited (Lupin), has been awarded the CRISIL Voluntary Organisation grading of VO 1A, the highest classification, indicating 'Very Strong Delivery Capability and High Financial Proficiency.'

This distinction is testament to LHWRF's dedication to excellence, transparency, and impact in the realm of social responsibility. For over 37 years, LHWRF has spearheaded initiatives to improve lives and livelihoods and strengthen healthcare for underserved populations across India. The Foundation remains dedicated to empowering communities and promoting holistic development.

"We are honored to receive the VO 1A rating from CRISIL, reflecting our commitment to social welfare and sustainable growth," said Tushara Shankar, Head - CSR, Lupin. "This recognition inspires us to expand our innovative programs that support communities and create lasting positive impact."

The CRISIL VO grading is a comprehensive assessment framework that evaluates an organization's overall ability to deliver on its goals. It focuses on factors such as stakeholder engagement, system and process efficiency, implementation and monitoring mechanisms, and financial management skills, including revenue and expenditure control, resource diversification, liquidity, and transparency reporting.

Shares of Lupin Limited was last trading in BSE at Rs. 2072.40 as compared to the previous close of Rs. 2071.50. The total number of shares traded during the day was 11080 in over 1064 trades.

The stock hit an intraday high of Rs. 2082.80 and intraday low of 2061.90. The net turnover during the day was Rs. 22975565.00.

Source : Equity Bulls

Keywords

Lupin INE326A01037 Pharmaceuticals LupinHumanWelfareandResearchFoundation CSRArm Classification